Technical
New handymax vessel for Nova Marine Carriers
New entry for the Nova Marine Carriers fleet. The Lugano-based group, controlled by the Romeo and Gozzi/Bolfo families, has taken delivery of a new 38,593 dwt handymax vessel in Shanghai. The vessel,…
Baltic index rises on higher freight activity, fewer ships
The Baltic Exchange’s dry bulk sea freight index climbed on Wednesday, as rates across ship segments rose amid increased freight activity and some vessel shortages. The overall index, which factors…
ESL Shipping commits to set science-based targets for GHG emissions reductions
ESL Shipping, the leading carrier of dry bulk cargoes in the Baltic Sea region, has joined the Science Based Targets initiative and committed to setting both near-term and long-term company-wide…
PETRONAS awards seven new PSCs under Malaysia bid round 2023, and launches Malaysia bid round 2024
PETRONAS awarded Production Sharing Contracts for six exploration blocks and one Discovered Resource Opportunities cluster marketed under the Malaysia Bid Round 2023 , expected to garner more than…
Ørsted acquire full ownership of Sunrise Wind subject to award in New York 4 offshore wind solicitation
Ørsted has signed an agreement with Eversource to acquire Eversource’s 50 % share of Sunrise Wind, a 924 MW offshore wind farm which would deliver power to New York. The acquisition is subject to…
McDermott and Baker Hughes safely complete Subsea Infrastructure in Northern Australia
McDermott, a premier engineering and construction company, and Baker Hughes, an energy technology company, announced the safe completion of the installation of subsea infrastructure at the Ichthys…
